Louis Willis
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louiswillis.bsky.social
Louis Willis
@louiswillis.bsky.social
Director of Policy and Programmes at the Economic Change Unit. Interested in all things politics, economics and climate. Views my own.
Reposted by Louis Willis
This week’s New Economy Brief goes a little deeper than your usual post-Budget summaries and asks: why are we in this mess and how do we get out of it? neweconomybrief.net/the-digest/w...
November 27, 2025 at 1:49 PM
Reposted by Louis Willis
A decade of national renewal? Not exactly.

The chancellor's public investment plans don't come close to our historic investment levels.

Underinvestment has left us with sewage in our rivers, constant railway disruptions, crumbling schools and a shortage of hospital beds.
November 26, 2025 at 4:59 PM
Reposted by Louis Willis
Responding to the Autumn Budget, Louis Willis, Director of the Invest in Britain campaign, said:
November 26, 2025 at 1:43 PM
Reposted by Louis Willis
We brought the voices of 68,749 people to Downing Street today📣 - thank you to @richardburgon.bsky.social and @simonforstroud.bsky.social for joining us!

To everyone who signed, shared, or emailed their MP - thank you so much 💚

Fingers crossed for #TaxTheBanks in the Budget on Wednesday 🤞

November 24, 2025 at 4:44 PM
Reposted by Louis Willis
NEW! How should Labour respond to the two key issues to voters of the economy and immigration and what are the electoral stakes this week of the budget?

Read on for our answer...

@nprcoxford.bsky.social @jrf-uk.bsky.social
November 24, 2025 at 11:02 AM
Reposted by Louis Willis
Ramping up public investment is the best route out of the UK’s productivity crisis.

Our new report finds increasing public investment by an additional 2% of GDP per year would kickstart growth, raise average earnings, and strengthen the public finances.

inews.co.uk/news/politic...
This Budget move could put £1,800 in every worker's pocket, according to economists
A new report suggests that putting more money into public investment would boost growth and average earnings over the next decade
inews.co.uk
November 23, 2025 at 1:58 PM
Reposted by Louis Willis
Scrapping the cap entirely is both good policy *and* good politics.

Half measures will "save" some money short-term, but will piss *everybody* off and still leave very large numbers of children suffering from a policy designed to make them poorer.

inews.co.uk/news/politic...
Food vouchers, free milk and two-child cap: Reeves weighs up help for families
Ministers' long-awaited child poverty strategy is due this month - and it's closely tied to the Chancellor's Budget
inews.co.uk
November 10, 2025 at 8:57 AM
This was excellent. I’ve been trying to put my finger on what is making UK politics feel so airless at the moment and I think a big part of it is the futurelessness that Mulgan diagnoses here.
November 4, 2025 at 7:23 PM
Reposted by Louis Willis
Late period Osborne: interest rates at zero and 50-80bn of headroom: and his priority was “don’t invest”.
November 4, 2025 at 8:21 AM
Reposted by Louis Willis
Responding to the Chancellor's speech, Louis Willis, Director of the Invest in Britain campaign, said:
November 4, 2025 at 9:42 AM
Reposted by Louis Willis
Government has published one of those quiet but important documents that might get overlooked as it is not 'newsy'. The headline finding is that £1 of public R&D investment generates £8 in net economic benefits for the UK over the long term
www.gov.uk/government/p...
The value of public R&D
www.gov.uk
October 30, 2025 at 1:28 PM
Enjoyed this wide-ranging discussion across fiscal + monetary policy and the links between them. Great to hear clarity and challenge on subjects that are too often mystified and naturalised.
New @lrb.co.uk ON POLITICS: I speak with @danielagabor.bsky.social & Andy Haldane on bond markets, gilt vigilantes, and the role of Britain's central bank. Instructive and hugely illuminating conversation on finance, democracy, & how we get out of the doom loop.

podcasts.apple.com/us/podcast/o...
On Politics: Do bond markets and the Bank of England run Britain?
Podcast Episode · The LRB Podcast · 10/29/2025 · 1h 6m
podcasts.apple.com
October 30, 2025 at 10:00 AM
Great new research that is worth a read for anyone interested in the politics of fiscal policy.

For me, two key takeaways:
- Voters will punish Labour for failing on child poverty, whatever they say about two-child limit as standalone policy
- Voters love wealth taxes, even when framed negatively
Ahead of Budget, where do voters stand on tax and the dilemmas facing government?

Big new @persuasionuk.bsky.social report out today on this.

TL;DR as risky as breaching the manifesto is for Lab - failing on public services, cost of living and child poverty is *far riskier* for Lab.

🧵
October 29, 2025 at 10:49 AM
Reposted by Louis Willis
The wealth gap between rich and poor increased by over 50% from 2011 to 2021, to over £11.5 trillion. Find out more about the impacts on our society, economy, democracy and environment, and what we can do about it, from our updated Wealth Gap Risk Register.
Wealth Gap Risk Register 2025
An online resource that collates evidence about the impacts of wealth inequality, the solutions and public attitudes to all of the above
fairnessfoundation.com
October 28, 2025 at 7:14 AM
Great story illustrating how legacies of under-investment and privatisation have fed into current crises in cost of living and local govt finances.

Action in Brighton sounds promising too but national govt needs to do more to support scaling these kind of solutions.
October 27, 2025 at 11:44 AM
Reposted by Louis Willis
Labour MPs want the Chancellor to go beyond fiscal tinkering at the upcoming Budget.

New polling reveals a majority of Labour MPs (52%) think the Chancellor should raise taxes to fund more spending & investment rather than just to meet her fiscal rules: labourlist.org/2025/10/labo...
Labour MPs call for Chancellor to hike taxes for greater spending - poll - LabourList
A majority of Labour MPs think the Chancellor should raise taxes at the Budget to allow for additional spending and investment above the amount needed to meet her fiscal rules.
labourlist.org
October 18, 2025 at 9:35 AM
Reposted by Louis Willis
This week's New Economy Brief looks at the crisis in local government funding - its roots, its consequences and possible solutions:
neweconomybrief.net/the-digest/c...
October 8, 2025 at 3:13 PM
Sof has managed to write about patriotism with a sense of humour and while avoiding cringe earnestness on the one hand or derision on the other.

In carrying off this near-impossible feat she has perfectly embodied the culture she’s writing about here. Enjoyed this very much.
As I was speaking on panels at Labour conference last week I began to describe the Britain I know exists and love. In the end I gave it a name: Mr Blobby Patriotism

And I’ve written about it for @renewaljournal.bsky.social here bsky.app/profile/rene...
"Most of us basically love our country, even if begrudgingly – not the version we’re told to, or even presented with, but the one we really see and live in every day. Silly Sausage Britain is the Britain most of us reside in, and love."

@sofiejenkinson.bsky.social on "Mr Blobby patriotism"
October 6, 2025 at 5:03 PM
Reposted by Louis Willis
Responding to the Chancellor's speech at the Labour Party Conference today, Louis Willis, Director of the Invest in Britain campaign, said:
September 29, 2025 at 1:46 PM
Hope this doesn’t prove to be the case. The government has talked a good game on exactly this kind of infrastructure investment - now it needs to deliver.

And coming just before Liverpool conference would be all too reminiscent of Sunak on HS2 in Manchester 2023.

www.bbc.com/news/article...
Northern Powerhouse Rail plans delayed again
The BBC understands the prime minister will now not announce plans for a rail link between Manchester and Liverpool at the Labour Party conference.
www.bbc.com
September 24, 2025 at 6:53 PM
Reposted by Louis Willis
What was in the US-UK Tech Prosperity deal? How does it fit into wider trade negotiations with the US? And what are the implications of conceding to the demands of the ‘Big Tech’ lobby? We explore all this and more in this week's New Economy Brief: neweconomybrief.net/the-digest/t...
September 24, 2025 at 1:16 PM
Reposted by Louis Willis
Higher investment, sustainable spending, raise taxes/reform pensions so better-off older people pay their share.

Advice for the Chancellor from Gus O'Donnell, @mazzucatom.bsky.social, Jim O'Neill, @uofgvc.bsky.social @elerianm.bsky.social, @sjwrenlewis.bsky.social & me.

archive.ph/I9PVc#select...
September 20, 2025 at 8:29 AM
Reposted by Louis Willis
Some of the UK’s most distinguished economists have written to the Chancellor warning that fiscal sustainability will not be achieved “without a significant further increase in public investment” to drive economic growth: www.thetimes.com/article/5acc...
Policymakers urge Rachel Reeves to tax ‘better-off older people’
Economists and academics tell the chancellor to stabilise the public finances by boosting investment with levies on wealth and stamp duty reform
www.thetimes.com
September 19, 2025 at 5:07 PM
Reposted by Louis Willis
🚀🌍 Project Boost is collaborating with @econchange.bsky.social to run Economics 101, a new series aimed at increasing your understanding of our economy.

Join us, @chaitanyakumar.bsky.social & @louiswillis.bsky.social for 'Making sense of Reeves' fiscal rules'.

🗓️ 18 Sep, 10:00am

Request access:
Economics 101: Making sense of Reeves' fiscal rules
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buff.ly
September 12, 2025 at 6:00 AM